$1,000,000
Guinea Bissau Block 1
TraceAtlantic Oil is looking for partner to fund a 3D survey and develop Block 1 (Corvina).
Details
Asset Name
:
Block 1
Ref
:
AF-GNB-B1
Continent
: Africa
Country
: Guinea-Bissau
Location
: Onshore, Offshore
Project Phase
: Exploration
Latitude
:
11.9173
Longitude
:
-16.7024
License Start
: 2008
Operator
:
TraceAtlantic Oil
Other partners
:
Cap Energy, Sphere Petroleum, Petroguin
Farmout company
:
TraceAtlantic Oil
Work Programmes
: Seismic
Back Costs
: $100,000 - $1m
Equity Offered
: 20 - 40%
Deal Status
:
Open
FarmoutAngel Valuation
: $5,000,000 - $10,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
:
$1,000,000